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March 25, 2013 05:36 pm GMT

Michael Dell May Lose Control of Dell

Dell

Michael Dell may be in danger of losing control of the company he founded.

Dell announced Monday that it has received "two alternative acquisition proposals" in response to a proposal last month from Dell to take his company private and pay shareholders $13.65 a share, in a deal worth about $24.4 billion.

Michael Dell partnered with Silver Lake, a private equity firm, to finance the deal and received a $2 billion loan from Microsoft, but the offer disappointed some of Dell's biggest investors. Now, private equity firm Blackstone Group and billionaire investor Carl Icahn have each put forward plans that may be better for shareholders.


Original Link: http://feeds.mashable.com/~r/Mashable/~3/TrXHZB2ENgs/

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